Friday, June 26, 2015 2:24:40 PM
It is a long but thorough treatment of this unsavory topic and illustrates why any reported number of short shares is worthless and likely much higher than any on this board have even mentioned. My shares are in IRA accounts and supposedly protected although the article made clear that may not be the case as IRA shares have also been lent out.
There is only one way to fix this and it seems to repeatedly fail due to campaign contributions to the law makers of both major parties. Wall Street ethics reform is an oxymoron. I have read about the high number of psychopathic personalities on Wall Street and it is easy to imagine no guilt involved on their part from these illegal activities of fleecing companies and their investors out of their monies.
An amazing wake up call and must read for all. Thanks again Pipi.
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